DIY Legal Forms

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Distribution Of Unequal Profits

Being the senior partner/partners of the firm known as (Name) shall secure an amount of (--%) of the net profits each year. However, if insufficient funds as to do not allow this preference to be upheld, the other partners shall willfully provide the difference. After this initial preference has been accounted for, the remaining capital shall be split equally between all partners.

Dated:

____________________________

Signature and Title

____________________________

Signature and Title

____________________________

Signature and Title

*** If Required By State Law ***

This Section for Notary:

ACKNOWLEDGMENT

State of _________

County of ________ [COUNTY]

On [DATE] before me, [NAME OF NOTARY], notary, personally appeared [NAME OF PERSON(S) INVOLVED], personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

Witness my hand and official seal.

Signature ________
Notary

My commission expires: _____

(Seal)